Russell Thompson - Mortgage Broker Adelaide, Christies Beach

Mobile: 0409 993 264 Phone: +61 8 8384 1993 Fax: +61 8 8384 1994
Business address: 3 Hyde Place Christies Beach SA
Trading entity: RJ & PL Thompson

Contact: Russell Thompson, mortgage broker

I assist all types of borrowers including self-employed and interstate borrowers, but I am particularly interested in assisting first home buyers, foreign investors, people who require guarantors and loans for construction.

You can’t profit from the market unless you’re in it, so give me a call. As part of a husband and wife team, you can rest assured your home loan needs are covered.

Working with real estate agents

To ensure your property purchase proceeds smoothly, I work closely with your real estate agent and understand from long experience how the process operates. I also work with other professionals to ensure you secure the property you want. No challenge is too big, I love to get stuck in and work through difficult scenarios to find the right finance.

First home buyers

I specialise in pre-buying education designed to ensure that as a first home buyer, you are ready to enter the market financially, emotionally and with the right knowledge. I provide first home buyers with information, budget planning and advice on entering the market, from how much you can borrow to working out the period of time to save up enough for an appropriate deposit. 

Both Russel and Pamela Thompson are just simply fantastic, they helped me understand everything and made buying my first home the most exciting and easy thing. no stress no fuss no panic. Russel is so patient and relaxed even with all my questions he just made it all seem easy they are the two nicest people and do a fantastic job. Peter also is great to deal with. I would and have recommended them to anyone I know buying or refinancing a home.
Sherifa, Hackem West

Foreign Investment Review Board (FIRB) loans

Many foreign investors need assistance with not just financing an Australian investment property, but also with the legal processes involved, which is why I offer the option of making use of Power of Attorney or sending you everything over the internet or by fax. In particular, I see a lot of newly arrived British, South African and Indian borrowers both with permanent residency and working visas.

An overseas residential home loan is specifically designed for people who are not Australian citizens or do not have residency status but wish to purchase property in this country.
The basic mechanics of a residential home loan for overseas borrowers are very much the same as a standard residential home loan although there are some parameters built around the product itself.

Importantly an overseas residential home loan is limited to 80% lend on the value of the property being considered and the applicant must have FIRB approval.

Types of property a foreigner can purchase in Australia using an overseas residential home loan in conjunction with FIRB approval include:

• Vacant land upon which to construct a dwelling
• Previously occupied dwelling (developed residential real estate)
• A new dwelling (not previously occupied or sold)
• A stand alone house (not previously occupied or sold)
• A second hand dwelling to be demolished and a new dwelling constructed

Guarantor loans or family pledge

Do you want to avoid Mortgage insurance or need to borrow more than the banks say you can right now? Then a guarantor loan or ‘Family Pledge’ may be the solution. This is where a family member supports your home loan application by either offering income support or the equity in their own property or a combination of both as additional security.

The lender would lend up to 80% on the purchased property. The additional funds needed to make up the 20% plus costs, less any deposit saved, are then secured against the property of another family member.

Benefits include:

• No Mortgage insurance as the lending is under 80% of the combined value of the properties.
• This is usually a policy rather than a specific loan type, so you can still access fantastic interest rates and choice of product.
• The lender will often agree to issue a second mortgage if necessary over the guarantor’s property.
• The loan is still in your name only so the First Home Owner’s Grant is still available.

Once either the loan balance is paid down, or the value of the property goes up such that the LVR is now 80% or less against the purchased property in its own right, then you may apply to have the family pledge removed.

I found out about your service over the internet. Upon initial consultation you offered advice without pressure of rushing to make a decision. I found you to be professional and courteous. You help me to weigh up the options that I had research with those you suggested but also helped in verifying what types of loans have what facilities. Russell you always maintained a professionalism, communicated effectively when I need something explained and always had the “we can do this” attitude. Definitely recommend you.
Brenden Sully – Durack – NT phone and internet.

Construction loans

Building a home is one of the most rewarding and potentially stressful things that you can do. The whole process can seem complex, especially with progress payments rather than a single payment at settlement, so having an expert help is invaluable. I specialise in making it easy for you using a range of tips and tricks that only experience can bring.

Tip: If you include more expensive extras such as air-conditioning, flooring and window treatments in your building contract, they will be covered by your construction loan rather than requiring additional up-front expenditure.

Adelaide South customers

I am based in Christies Beach and provide services to customers in Aldinga, Seaford, Moana, Port Noarlunga, Christies Beach, Morphett Vale, Woodcroft, Hallett Cove, Happy Valley and Onkaparinga Hills.

Business networks

Ray White Aldinga

Principal: Bea Riccardi
Phone: 08 8556 6777 Fax: 08 8557 7577

Ray White Christies Beach

Principal: Valerie Timms
Phone: 08 8326 9977 Fax: 08 8326 9944

Property Management Phone: 08 8326 9999 Fax: 088326 9944

David Murdock DVM Accountants
Morphett Vale
David Murdock or Aaron Barker
Phone: 08 8326 2140

Oakridge Conveyancer’s
Morphett Vale
Principle contact: Tania
Phone: 08 8322 6277

Fenton’s Conveyancing
Principle contact: Ashley
Phone: 08 8186 6100
Fax: 08 8186 6200

Russell Thompson and his team are a very dedicated, professional group of people. Always there to help and guide you through any bumps in the loan process, and answer any questions (curly or not) about what is happening with your loan application. I can not praise Russell and his team highly enough, as for every loan i have applied for with them has had its bumps. But at the end of the journey I have always come out the other side smooth sailing.
Damian, Craigmore

You took the time to understand our situation to know a little bit about us and our lives…. We weren’t just a name on an application. You never gave up on us with the end result in us being in our own home.
M & M Middleton – Salisbury – SA

Russell was a great help, very friendly and reliable. I wanted to setup my home loan to pay off quickly and Russell found on that suited all my needs and handled everything. It made applying for the home loan so easy. I was extremely happy that when he said that he would contact me he did. I didn’t have to chase him like you do with a lot of banks. Honesty and reliability means a lot. I would recommend Loan Market to my friends and family as Russell made everything so easy, answered all my question and listened to what I wanted and helped with things I wasn’t sure about. I will definitely use Russell next time I require another home loan. I thought it was wonderful he called to congratulate me upon settlement.
Paula Davis – internet

We found you on the internet, We were able to email specific questions that were promptly replied to. You provided us with information and specific details that were relevant to our needs. We were able to take advantage of a package with lower interest rates. They were always willing to spend time explaining the terms and condition to ensure that we understood them completely. Excellent service – Nothing was too much trouble. We would definitely recommend you as you obviously research well, keep up to date and are able to offer a range of solution and package and making them understandable.
Karen Trethaway – internet

Russell Thompson was professional and helpful throughout the process; he made the loan process easy and explained everything along the way. Russell provided the best customer service I have had in a long time; he is an asset to your company.
Menna, Christies Beach

Loved your fast response, you provided us with a range of information which made the decision easier for us and you helped us all the way through the process, Very satisfied.
M. Seacombe – Salisbury – SA

I’ve already recommend your service to friends due to the degree of professionalism and help you provided.
A Formentin – Hallett Cove

Russell & Pamela Thompson of Loan Market have in recent months recommended clients to use our professional service as Conveyancers in assisting with the completion of a purchase settlement. Throughout this period of time we have found them and their team to be friendly, courteous and most efficient in their dealings with us and have no doubt that their clientele would be receiving the same quality of service.

Once they have received the written approval of finance from their client’s financial institution they immediately make available a copy to our office which then enables us to liaise with the financial institution to ensure an amicable completion of settlement. During the lead up to settlement the team at Loan Market keeps our office up dated with the progress of the loan documentation. If we have any queries in relation to the loan they follow up immediately. Once they have dealt with the matter they promptly contact our office to advise the query is being or has been attended to. A few days later we can be guaranteed a follow up phone call will be made by them to ensure the transaction is running smoothly. We are confident that our mutual clients always receive a high standard of professional service from the team at Loan Market who follow the progress of their transaction from the initial loan interview through to the loan being advanced on the day of settlement.

Oakridge Conveyancers would have no hesitation whatsoever in recommending Russell and Pamela Thompson of Loan Market to any potential purchaser of real estate in South Australia or to any person wishing to re-finance their loan.
Tania Fitzpatrick – Oakridge Conveyancers – Morphett Vale – SA

My wife Leanne & I have dealt with Russell & Pamela Thompson from the Home Loan Market for the past few years, for our mortgage & investment needs. Previous experiences with banks & brokers have left us feeling a little neglected & ill-informed. Russell & Pamela offer outstanding customer service that is both prompt & personal, in a language anyone can understand. Should we have any issues or would just like to know our options, we know we can contact them & have confidence in a timely & informative response. We would & do recommend Russell & Pamela Thompson to our friends & family, as we know their service is ’second to none’.
Aaron Barker – Morphett Vale – SA

For more information on home finance or to talk to russell thompson

Call Russell Thompson, or call us at any time on 13LOAN.

 

For more information on home finance or to talk to Russell Thompson

Contact Russell Thompson, or call us any time on 13LOAN

• State: South Australia/ Northern Territory, SA/NT
• Broker region: Adelaide
• Suburbs: Adelaide, Christies Beach
• Russell Thompson provides mortgage broking services in suburbs including but not limited to: Christies Beach, Aldinga, Seaford, Moana, Port Noarlunga, Morphett Vale, Woodcroft, Hallett Cove, Happy Valley, Onkaparinga Hills

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